7 Answers

askguru expert
Hi

You are not allowed to rent out the whole flat until you have fulfilled the 5-year minimum occupation period.

Thanks
Sze Teck
Senior Director of Research, Huttons Asia Read More
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Good morning,

Yes you can purchase another resale HDB, however for the first 5 years you are not allowed to sublet the whole unit, unless special approval is granted by HDB to allow renting out of whole unit within the MOP period. It will not be an issue for private properties.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

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0
Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes you could still purchase a resale flat in your case but could only rent out the whole day once you hit MOP and meanwhile you could only rent out rooms since you are not going to stay in the flat physically for 5 years.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi,

My name is Tobias from Huttons and I'm here to help.

Yes you may buy resale HDB and approval need to be granted for you to rent out the unit before 5 year MOP.

If you have any further questions, feel free to contact me at 85711399  .

Regards,
Tobias Oei | Huttons
Your Trusted Property Advisor
R064040F | +65857139  9
www.myhome-at-sg.com
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1
Dear madam,

While you are allowed to purchase a resale HDB, you will be disallowed to rent out immediately within the 5 years MOP unless with approval, and given the scenario you have provided, it is quite unlikely that HDB will grant the permission to rent out the apartment immediately after your purchase. HDB home owners under MOP will only be allowed to rent out the spare bedrooms of the apartment as they are required to be staying in the apartment as their home during this period.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

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Robbie Chen Chee Howe
Hi Mdm,

You are eligible to purchase a HDB resale flat. However, you will be required to dispose off your oversea property latest within 6 months upon the HDB flat purchase.

You will also be required to fulfill a fresh 5-year MOP for your HDB flat, and will not be allowed to rent out the whole unit.

If you're looking to purchase a property which you're able to rent out immediately, you will have to look into the private market.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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